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Nov 29 | EGX heads to the green zone with added EGP 15.3B to market cap

Today’s trading saw 775.12 million shares exchanged over 68,467 transactions with a turnover of EGP 1.983 billion

By: Business Today Egypt

Tue, Nov. 29, 2022

The Egyptian Exchange (EGX) is back in the green with an added EGP 15.3 billion to the market cap.

Benchmark index EGX 30 saw an increase of 2.07% to end the session at 13,184.26 points, with EGX 50 up by 1.56% to close at 2,277.84 points.

EGX 70 rose by 1.63%, to close by the end of the session at the level of 2591.51 points, while EGX 100 climbed 1.58% to 3,744.49 points.

Today’s trading saw 775.12 million shares exchanged over 68,467 transactions with a turnover of EGP 1.983 billion.

Market capitalization was recorded at EGP 868.185 billion, an additional EGP 15.3 billion compared to yesterday’s EGP 852.88 billion.

Trading on securities saw foreign and Arab investors as net sellers who sold EGP 88.51 million and EGP 16.56 million, respectively. Egyptian investors were net buyers with EGP 105.07 million.

The top gains of the session were by Raya Contact Center with a climb of 9.33%, North Cairo Mills by 9.14%, and Northern Upper Egypt Development & Agricultural Production by 8.73%.

The largest losses of the day were by Middle Egypt Flour Mills which dropped by 11.33%, Rowad Tourism (Al Rowad) by 4.98%, and Egyptian Real Estate Group by 4.95%.